Morning reports revealed Toyota's massive 6 trillion yen tender offer plan for Toyota Industries, showcasing corporate restructuring amid economic challenges. The Ishiba administration continued managing fallout from the rice crisis, with newly appointed Agriculture Minister Koizumi inspecting supermarkets while the prime minister arranged June talks with Trump characterized as a "milestone" for tariff negotiations.
Japanese businesses responded to Trump policies with divergent strategies: medical device makers like Terumo considered price increases while Olympus refused production relocation; Mitsui O.S.K. halted Chinese LNG carrier orders, shifting to South Korean shipyards; and Nissan explored selling its Yokohama headquarters to fund restructuring costs. Trump's policies extended beyond trade to education, with his Harvard foreign student ban causing concern among Asian students.
Former Prime Minister Kishida commented on potential coalition realignment, suggesting political maneuvering as cabinet support remains low following the rice price crisis.